Published: June 9th, 2022,
Last updated: June 9th, 2022
The Chinese car manufacturer BYD has surpassed Volkswagen in terms of market capitalization. This means that three groups are now ahead of VW: Tesla, Toyota and BYD. All three are characterized by considerable expertise in the fields of e-mobility and hybrid drives. With the USA, Japan and China, three non-European countries now also have the car companies with the highest market capitalization.